Saturday, May 23, 2020

Essay Homework Solutions Spilker Et Al. Ch. 20 - 1333 Words

Homework Solutions: Spilker et al. C h. 20 40. Harry and Sally formed the Evergreen partnership by contributing the following assets in exchange for a 50 percent capital and profits interest in the partnership: Harry: Cash Land Totals Basis Fair Market Value $ 30,000 $ 30,000 100,000 120,000 $ 130,000 $ 150,000 Sally: Equipment used in a business Totals 200,000 $ 200,000 150,000 $ 150,000 a. How much gain or loss will Harry recognize on the contribution? b. How much gain or loss will Sally recognize on the contribution? c. How could the transaction be structured a different way to get a better result for Sally? d. What is Harry’s tax basis in his partnership interest? e. What is Sally’s tax basis in her†¦show more content†¦$55,000. See table in part a. above. c. $285,000 each. See table in part a. above. d. $625,000. Albee, LLC takes a $135,000 carryover basis in the assets Kevan contributes and a $490,000 basis in the total cash the other two members contributed. 4 e. Albee, LLC’s tax basis balance sheet would appear as follows: Albee , LLC Tax Basis Balance Sheet Tax Basis Assets: Cash $505,000 Land 120,000 Totals $625,000 Liabilities and Capital: Mortgage debt $210,000 Capital-Kevan (75,000) Capital-Jerry 245,000 Capital-Dave 245,000 Totals $625,000 Note that the members’ tax capital accounts are equal to their bases in the LLC interests less their individual shares of LLC debt. 5 f. $5,000. See table below: Description (1) Basis in contributed Kevan Jerry Dave Explanation $245,000 $120,000 Land (2) Cash contributed $15,000 $245,000 (3) Mortgage $70,000 $140,000 $0 33.33% x Guarantee $210,000 for Kevan and 66.67% x $210,000 for Jerry (4) Basis immediately $205,000 $385,000 $245,000 1+2+3 ($210,000)

Monday, May 11, 2020

Acquainted with the Night by Robert Frost - 1065 Words

Acquainted with the Night by Robert Frost is a poem about a person who is well acquainted with the night. In this poem, the author or the speaker explains why he/she is well acquainted with the night. It seems as the poem progresses that the speaker enjoys walks through the night of a city, and that he also enjoys walks in rainy nights. The speaker goes down a sad area of the city were he encounters a watchman were he/she ignores. When the speakers stop because he/she listens to a cry, which he/she believes is for he/she, as is somebody calling for him/her back or telling him/her goodbye. The cry the speaker heard was not for him/her. Toward the end of the poem the speaker ignores the time in a clock in a sky as is was neither†¦show more content†¦The speaker is well acquainted with the night because he spend all his night walking through the night looking for something or somebody he/she lost in the night, and with the knowledge he/she has gain from the night does not need time to tell him/her when the night starts and when does the night ends. Acquainted with the Night By Robert Frost I have been one acquainted with the night. I have walked out in rain Ââ€" and back in rain. I have outwalked the furthest city light. I have looked down the saddest city lane. I have passed by the watchman on his beat And dropped my eyes, unwilling to explain. I have stood still and stopped the sound of feet When far away an interrupted cry Came over houses from another street, But not to call me back or say good-by; And further still at an unearthly height, One luminary clock against the sky Proclaimed the time was neither wrong nor right. I have been one acquainted with the night Linea 1-3: The night is his only companion, the rain represents sadness. Out walking the furthest city light is all about having no where to turn and walking without having a determined path Line 4-6: He has thought about suicide, he feel alone and has very low self esteem Line: 7-10: He is alone the sound of his feet and footsteps is all he hears. He all of a sudden hears a cry that is not for him, he is alone and no one would everShow MoreRelatedAcquainted With The Night By Robert Frost1553 Words   |  7 PagesRobert Frost s â€Å"Acquainted with the Night† is about a man who frequently journeys out at night and roams about the city alone. He is familiar with the atmosphere around him and it’s apparent he has wandered far beyond the city. Throughout the poem the speaker does not communicate with anyone and a sense of silence and suspense pervade his walks. It is understood that the speaker is very lonely on his walks and often finds himself hoping someone would call out to him. As the speaker strolls throughRead MoreAcquainted With The Night By Robert Frost Essay1670 Words   |  7 PagesAcquainted with Ambiguity: An Analysis of Robert’s Frost’s â€Å"Acquainted with the Night† Born at the end of the 19th century and writing into the 20th century, poet Robert Frost is famous for putting a 20th century spin on 19th century poetic conventions (Robert Frost). His 1928 poem â€Å"Acquainted with the Night† is one of the best examples of this spin, combining modern experimental techniques with a set structure and rhyme scheme. In the poem, the speaker recounts his/her ambiguous relationshipRead MoreAcquainted With The Night By Robert Frost1436 Words   |  6 Pages â€Å"Acquainted with the Night† is a poem written by Robert Frost, and it was first published in 1928. The poem is about the narrator’s experience on one sad lonely night while having some depression in the rain. The poem only has fourteen lines and has a clear structure; however, the meaning of the poem is deep. Since, the poem is short and clear, readers often are able to connect to the poem. The poem was about the narrator walking down the street of city at a rai ny night. He was reflectingRead MoreAnalysis Of The Poem Acquainted With The Night By Robert Frost942 Words   |  4 PagesThe poem â€Å"Acquainted with the Night† by Robert Frost is not simply about a walk being taken on a rainy night, as one would assume on their first reading. Instead a closer reading of the poem will reveal to the reader a much darker journey. As the speaker describes his trudge through the city streets, the reader begins to see that this is far more than a walk through a gloomy night; it is a man’s journey through depression. While Frost’s dark poem is written much like a sonnet, having fourteen linesRead More Isolation in Acquainted with the Night, by Robert Frost Essay765 Words   |  4 PagesIsolation in â€Å"Acquainted with the Night†, by Robert Frost Robert Frost was indeed one of the most important and influential writers in the history of American Literature. His unique style and incredible use of imageries give his readers a deep understanding of his works. In his poem, â€Å"Acquainted with the Night†, by using a smooth and static rhythm, bleak and dreary imageries, unique diction, and well-thought syntax of sentences, Frost conveys a feeling of lonesome and isolation. The poem’sRead MoreRobert Frost Essay example646 Words   |  3 PagesRobert Frost Robert Frost was the most popular American poet of the twentieth century. Most Americans recognize his name, the titles of and lines from his best-known poems, and even his face. Given his immense popularity, it is a remarkable testimony to the extent of his achievement that he is also considered to be one of the greatest, if not the very greatest, of modern American poets. #8230;the life and work of Americas premier poet- the only truly national poet America has yet produced(Parini23)Read MoreBeing A Freshman At Lincoln University Has Been An Interesting1095 Words   |  5 PagesI would be comfortable with. Genuine happiness has never existed for me while attend Lincoln University. This moment in my life reminds me of the poem â€Å"Acquainted with the Night† by Robert Frost, which embodies all aspects of emptiness through poetic devices, language, and personal history. â€Å"Acquainted with the Night† is a poem by Robert Frost written in 1928. The poem is written in iambic pentameter as a sonnet consisting of four three line stanzas, also referred to as tercets followed by a rhymingRead MoreRobert Frost s Life Through Poetry1745 Words   |  7 PagesMarch 23, 2016 Robert Frost Reflects Life Through Poetry It is easy to express your emotions, and feelings through poetry. Which is exactly what Robert Frost has done through his entire career. Each poem Robert Frost has written, has meaning behind it all. He has gone through an extreme amount of events, and tragedies in his life. Frost has been through an unimaginable amount of losses, deaths, and loneliness throughout his years. Throughout his life his poetry has had a huge impact on him, the situationsRead MoreSocial Isolation In Robert Frosts Acquainted With The Night801 Words   |  4 Pagesso long and tackled by many writers, such as Robert Frost. The poem by Robert Frost, Acquainted with the Night, is about depression and how it makes individuals feel isolated, resulting in facing depression alone and coming to the conclusion that a feeling of loneliness is simply the human condition. Symbolism is used throughout the poem to describe experiences. For instance, the speaker’s walks are metaphors for depression, using rain and the late night to carry this theme. In the first stanza, itRead MoreAnalysis of Acquainted with the Night and Stopping by the Woods on a Snowy Evening1471 Words   |  6 PagesResearch Paper first draft 16th Nov 2011 In a Dark Night, I Find My Answers. The two poems â€Å"Stopping By Woods on a Snowy Evening† and â€Å"Acquainted with the Night† written by Robert Frost are very similar to each other because of the simplistic form of language used and the uses of metaphors. When we first read the poem, it looks like an ordinary poem but once we go in depth and understand the meaning, it becomes so much more. Both of the poem has a very dark, gloomy and lonely setting with a really

Wednesday, May 6, 2020

Economics Question Jaibb Free Essays

PAPER 6 : ACCOUNTING FOR FINANCIAL SERVICES Full Marks : 100 Module A: Introduction and Environment †¢ Purpose, Nature, Uses and Users of Accounting Information, Functional and Operational Definition of Accounting, Accounting Principles, Standards and Regulations, Forms of Business Organizations and Accounting systems. Module B: Analysis of Financial Statement †¢ Objectives of Financial Statement Analysis, Financial Statement Analysis, Horizontal and Vertical Analysis, Comparative Financial Statements, Communize Statements, Financial Ration Analysis, Trend Percentage, Specialized Analysis, Cash Forecasts, Analysis of Changes in Financial Position, Break-Even Analysis, Cash Flow Statement, Unadjusted Trial Balance and Adjustments. Module C: Processing and Recording of Accounting Information †¢ Transaction, Analysis of Transaction, Accounting Cycle, Recording of Transaction, Double Entry System, Golden Rule of Debit and Credit, Posting of transactions to the Ledger, T Form and Multi Column Ledger, Preparation of Cash Book, Single Column, Double Column and Triple Column Cash Book, Preparation of Trial Balance, Suspense Accounts, Reflection of Errors Adjusting Entries and Closing Entries Accrued and Deferred Revenue and Expenses. We will write a custom essay sample on Economics Question Jaibb or any similar topic only for you Order Now Module D: Financial Statements for Different Entities †¢ †¢ †¢ Service, Merchandise and Manufacturing Operation: Income Statement, Cost of Goods Sold, Cash Flow Statement, Balance Sheet, Limitation of Balance Sheet. Partnership and Joint Stock Companies: Specific Characteristics of Financial Statements of Partnership – Capital Account, Current Account, Profit and Loss Adjustments Account. Distinguishing Characteristics of Financial Statements of Companies. Banks and Other Financial Institutions: Provisions of Bank Company Act, 1991 (with Amendments), Preparation of Profit and Loss Account and Balance Sheet of Banks. Provisions of Financial Institutions Act, 1993 (with Amendments), Preparation of Profit and Loss Account and Balance Sheet of Financial Institutions. Module E: Accounting for Assets †¢ Current Assets: Inventory Valuation, Periodic and Perpetual Method for Ascertaining Closing Inventory, Average, Last In First Out (LIFO), First In First Out (FIFO), Account Receivables. †¢ Fixed Assets: Depreciation Methods, Recording of Depreciation, Valuation of Fixed Assets, Depreciation as a Cost Allocation. Module F: Journal Rules for Journalizing †¢ Different Types of Journals, Sub-Division of Journals, Posting of Accounts, Ledger, Interpretation of Ledger Account, Writing of Different Types of Cash Book in Columnar Form, Imprest System of Petty Cash, Bank Reconciliation System, Journal Proper. References 1 2 3 4 5 Anthony, Reece – Accounting Principles (Richard D, Irwin, Inc. U. S. A. ). Anthony, Robert N. – Essentials of Accounting (IRWIN, U. S. A. ). Harmenson, Edwards, MAHER – Accounting Principles (IRWIN, U. S. A. ). Khan, Md. Mainuddin – Advanced Accounting (Ideal Library, Dhaka). Weygandt, Kieso Kell – Accounting Principles (John Wiley and Sons Inc. U. S. A. ). How to cite Economics Question Jaibb, Essay examples